WASHINGTON, D.C. (November 23, 2020) – With retail sales rebounding strongly because of continued consumer resilience, the National Retail Federation (NRF) forecast that holiday sales during November and December 2020 will increase between 3.6 percent and 5.2 percent over 2019, to a total between $755.3 billion and $766.7 billion. The numbers, which exclude automobile dealers, gasoline … Continued
WASHINGTON, D.C. (November 18, 2020) – The U.S. Treasury Department and Internal Revenue Service (IRS) released guidance clarifying the tax treatment of expenses where a Paycheck Protection Program (PPP) loan has not been forgiven by the end of the year the loan was received. Since businesses are not taxed on the proceeds of a forgiven PPP … Continued
WASHINGTON, D.C. (November 16, 2020) – More than 40 percent of holiday shoppers say they started earlier than they normally do, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. “Retailers have demonstrated their commitment and ability to ensure safe shopping environments for their customers and their associates,” said … Continued
By Nick RigitanoNSGA Director of Insights and Analysis DOWNERS GROVE, ILLINOIS (November 5, 2020) – According to the latest wave of a survey conducted by Irwin Broh Research exploring the shift in consumers’ fitness habits and future purchase behaviors due to the COVID-19 pandemic, both active and on-hold gym memberships declined since May. The number of … Continued
NSGA looks at an Irwin Broh survey on fitness activities and future purchase plans.
STEVENS POINT, WISCONSIN (October 23, 2020) – A study conducted by the Department of Orthopedics & Rehabilitation at the University of Wisconsin School of Medicine and Public Health concluded participation in high school sports in Wisconsin has not led to an increase in COVID-19 infections among high school student-athletes. The COVID-19 in Wisconsin High School Athletics study conducted by … Continued
RIDGEFIELD, CONNECTICUT (October 14, 2020) – Team-based youth sports have struggled to return to play compared to individual-based sports during COVID-19. Those are the results of a study by Tipevo, which produces an on-line directory for finding, connecting and reviewing youth sports programs in nearly 30 sports across the United States. Tipevo analyzed the social media … Continued
NSGA looked at some key companies for the retail forecast for the 2020 Holiday .
WASHINGTON, D.C. (October 8, 2020) — The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The … Continued
SACRAMENTO, CALIFORNIA (August 3, 2020) – Education-based athletics participation continues to increase in California and is at an all-time high for the eighth consecutive year according to the 2019-20 California Interscholastic Federation (CIF) Sports Participation Survey. Up by 0.16% since the previous 2018-19 survey, 815,313 student-athletes are competing in education-based athletic programs in California. “We are … Continued
